Congratulations and prosperity, Duojun will surely win #btc

Good evening everyone, I am a trader who tends to get wiped out easily. The market has been quite in line with expectations these days.
Let's first look at Bitcoin's trend. After the US market opened, it formed eight consecutive bullish candles on the 15-minute chart, encountering resistance around 92,000, and rebounded after testing around 91,000. After two tests in the morning session, it broke through the 92,500 level at 5 PM in the afternoon. This not only aligns with the 92,500 expectation given on the 12th but also matches the recent 91,200 forecast from Xin Ya. The continuous consolidation shows signs of a bottom at 91,200, and the 15-minute MACD line reflects this more intuitively. 92,000 may become a new resistance point, with potential to push higher to around 93,800.
Ethereum's trend is more volatile, with the four-hour EMA gradually trending upward, continuing its momentum. The one-hour EMA120, 144, and EMA30, after two tests, are likely to serve as support levels for buying interest, coinciding with the middle band of the one-hour Bollinger Bands. As of the current night session, Ethereum's main trading range is between 3,080 and 3,150. It tested this range twice in the first half and has been trading above it in the second half, with bulls holding the advantage overall. The key to the next move is whether it can break and hold above the 3,150-3,180 zone. If it breaks through, the previous position at 3,250 will need to be tested again. However, given the tug-of-war pattern, a short-term two-way approach with small gains is preferable.
The key levels to watch for Bitcoin are 90,200, 91,200, and 92,500. For Ethereum, the support and resistance levels are 3,080 and 3,150. Due to tonight's CPI data release, everyone can wait for the data to be announced, digest the market reaction, and then make decisions. Xin Ya's expectation remains to favor long positions, suggesting a long at 91,200 and a conservative entry at 90,500. For Ethereum, entering at 3,100 is also an option. Conservative entries at 3,080 with stop-loss based on your position size. Please note that the market has resistance at 91,800 and 3,120, where bears may add positions or set stop-losses, possibly around 92,800 and 3,175. Keep an eye on the reactions in this zone as well.
#btc #eth